Quarterly ResultMay 8, 2026, 04:07 PM
Exponent Q1 Revenue $166.3M, Net Income $29.6M, EPS $0.59
AI Summary
Exponent Inc. reported a 14.3% increase in revenues to $166.3 million for the three months ended April 3, 2026, with net income rising 11% to $29.6 million and diluted EPS reaching $0.59. Despite the revenue and net income growth, operating income decreased by 7% to $41.4 million, and the company reported negative cash flow from operating activities of $0.98 million. Exponent also repurchased $78.8 million of common stock during the quarter and declared a cash dividend of $0.31 per share.
Key Highlights
- Revenues increased 14.3% to $166.3 million for the three months ended April 3, 2026.
- Net income rose 11% to $29.6 million in the first quarter of 2026.
- Diluted EPS was $0.59, up from $0.52 in the prior year period.
- Operating income decreased 7% to $41.4 million for the quarter.
- Net cash used in operating activities was $0.98 million, compared to $7.27 million provided last year.
- The company repurchased $78.8 million of common stock during the quarter.
- A cash dividend of $0.31 per common share was declared.
- Engineering & Other Scientific segment revenue grew 15.8% to $141.4 million.